Evolution Fuels Signs Lease for Second Kansas Fuel Station

Monday, Feb 08, 2010

Evolution Fuels, Inc. announced, as part of its strategic alliance, it has executed a second lease agreement with J&J Developments, Inc. ("J&J") for a fuel station located in Topeka, KS.

This is the second station of what the Company anticipates will be a series of locations leased from J&J. The station is located on a prime intersection of Topeka that experiences an average traffic count of over 25,000 vehicles per day. This newly constructed fuel station/convenience store is strategically located at the northeast corner of the intersection of S.E. Adams St and S.E. 15th St, which serves as a major corridor within eastern Topeka. The station has five Dresser Wayne multi-product blending dispensers that will each provide E20 (20% ethanol/80% gasoline), E30, and E85 blended products, as well as regular and premium gasoline. There is also a diesel dispenser that will offer a blended biodiesel product.

The Company is in the process of re-imaging the station to the "Evolution Fuels" brand in preparation of operations commencing before the end of this month. This is the second station leased from J&J following Evolution Fuels' lease of a fuel station in Manhattan, KS, which was announced on February 2, 2010.

The Company will summarize the terms of its leasing activities in its next quarterly financial filing.

As part of its overall strategic plan, the Company has formed an alliance with J&J, a premier commercial real estate developer with a strong focus on fuel stations, convenience stores, and truck stop travel plazas. This alliance extends Evolution's planned rollout region to the state of Kansas, and helps to expedite the plan in other areas of the southwestern United States.

About Evolution Fuels, Inc.

Evolution Fuels, Inc. endeavors to market renewable transportation fuels at retail fuel stations that will provide superior quality fuels to competing fuel stations by virtue of the blending capability within the fuel dispensers at its stations and offering the blends at competitive prices. The stations will offer ethanol/gasoline blends of fuel including 10% ethanol/90% gasoline (E10), 20% ethanol/80% gasoline (E20), 30% ethanol/70% gasoline (E30), and 85% ethanol/15% gasoline (E85). The latter three blends are intended for flex-fuel vehicles, although recent studies have shown that many legacy vehicles on the road today may use E20 and E30 blends without incurring damage to the engines or fuel systems. The Company's plan calls for the development of a chain of renewable fuel stations in the southwestern and southeastern United States that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is www.evolution-fuels.com.

Source: PR Newswire